Cryptocurrency: What is it and how will it be taxed?
The assentation of cryptocurrency and blockchain has raised attention to agencies like the IRS, FASB, and the SEC. With limited standards and guidance, CPAs are left to figure out the complexities of their clients’ reporting requirements.
Join Seidel Schroeder to learn the basics of blockchain technology, and the latest guidance as to how to treat cryptocurrencies for accounting and tax purposes.